Hi guys,
I would like to update my previous wyckoff analysis after new movements of BTC this week (what a week!).
In general, it doesn't change much, just the 'ST as SOW' point which is now a little bit lower.
Let keep an eyes on BTC at these critical prices. Level to level trades is always a good choice.
All the best!
I would like to update my previous wyckoff analysis after new movements of BTC this week (what a week!).
In general, it doesn't change much, just the 'ST as SOW' point which is now a little bit lower.
Let keep an eyes on BTC at these critical prices. Level to level trades is always a good choice.
All the best!
Comment:
BTC broke the lower trendline from "ST as SOW" point. After retesting this support, it is ready to move upward (in condition that stock markets hold the current levels and/or have a pullback).
Comment:
BTC held the (black) support and now going up along with the pullback of stocks.
Now BTC needs to break the strong resistance $20000-$20400 to head the creek resistance (around $23000).
Now BTC needs to break the strong resistance $20000-$20400 to head the creek resistance (around $23000).
